Philippine unemployment eases, but factory slump deepens
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Stelco idles Hamilton plant; up to 500 laid off
Stelco is idling its Hamilton, Ont., steel plant indefinitely starting Oct. 9, citing U.S. Section 232 tariffs that made cold-rolled and coated output for U.S. buyers unaffordable. Up to 500 workers face layoffs—the union estimates closer to 350—with production shifting to Lake Erie Works. The
Saudi Tadawul's slide reverses into October gains
Turkey's Fund Liquidation Crisis Drags 400K Retail Investors Into BIST 100 Freeze
Turkey's regulatory push on concentrated fund positions backfired into one of its worst capital-markets dislocations in years. On Sept 16, SPK tightened single-stock and daily weight caps. Within 24 hours, ~₺550bn ($11bn) in redemptions poured out. The BIST 100 fell 5.54% on Sept 17, and